Are you looking to buy one of the best-used cars in Canada? There are many options you can choose from.
Getting a car is not easy if you don’t have much money to throw around. However, there are still options for everyone. You just need to know how to look for them.
This article will tell you everything you need to know! Keep reading!
Used Cars vs. New Cars: COVID Impact
Since COVID, the prices of used cars have gone up significantly. This is because of the global chip shortage due to factory shutdowns during quarantines.
Now that new cars are less available, older and used cars have become more valuable. As a result, the prices of used cars have been rising steadily.
When driving past dealerships, you will notice that many lots are much emptier as pre-COVID times.
How to Find the Best Used Cars in Canada
Thankfully, there is no shortage of used cars. There are plenty of cars in Canada, but not all of them will suit your lifestyle and needs.
Fortunately, there is easy to narrow down your search to just the best-used cars.
To buy the best-used car, consider looking for function over luxury. Many dealers will try to upsell you on features you do not need. Luxury items like heated seats, entertainment systems, and other bells and whistles will drive up the price.
While all of these items will increase the comfort of your trips, they are not necessary to drive safely on Canadian roads. Depending on your area, you might need AWD or 4WD.
If you live in urban areas like the GTA, Ottawa, or other big cities, you will likely make do with 2WD. However, you’ll notice you’ll have a harder time if you have RWD in the winter, as the car can become unstable on snowy roads.
However, if your budget allows for luxury features, don’t hesitate to buy a more expensive model. There are plenty of extra safety features that can make you a more confident driver.
Road assistance, backup cameras, and traction control are all valuable items to look for. These features allow you to monitor your surroundings at all times, making it easier to anticipate dangerous situations.
A backup camera is particularly useful as it allows you to see blind spots.
Reliability is another key factor when buying a car. Stick to brands you trust and that have quality control.
If you are buying from a dealership, ask the staff about their reputation. Warranty is important to ensure your new car has a long life. A good warranty is three to five years.
Tips on Buying a Used Car
When shopping around, you should look for a reliable brand. While it’s natural to want to save money, you should buy a car that will last for a few years.
Brands like Toyota, Honda, and Nissan offer a longer warranty, and they tend to be more reliable. But don’t stick to these brands alone.
Certain car dealerships may offer extended warranties, too. These are convenient, but they can be expensive. You should also research the dealership. You may notice extra charges when you look at the contract. These may be taxes, registration fees, or other fees.
Finally, you should ask the dealer to perform a thorough inspection and take it to a mechanic of your choice to double-check.
Things to Watch Out
As with everything, some red flags should make you run for the door.
When bringing the vehicle to a mechanic, make sure they check for rust. If there are rust spots, the car will be more expensive to fix.
They should also check the basics like the transmission, brakes, and engine.
The dealership should also provide you with a history of the car. If it has been in an accident, had multiple owners, or has been in the shop often, you should walk away.
Finally, beware of safety recalls. These will have to be fixed before you can drive your car.
Financing Your Used Car
Traditionally, you will finance your newly bought car through a bank. However, they often have heavy criteria to meet the requirements for the loan.
At Cars Fast, we have the expertise to offer you a used car loan without the hassle. We’ll connect you with multiple dealerships with affordable loans.
These loans make it possible to get a cheap car even with a bad credit history. We work with subprime buyers, offering you a special car loan.
You can apply for our loan online in minutes, with no hassle.
Financing Process with Cars Fast
We offer better rates and low payments to help you save money. The application process will only take a few minutes and is safe and secure.
We value your time, so we’ll find you a reliable car as soon as possible.
We offer a three-step process that includes:
- Applying online
- Getting approved
- Shopping for your dream car
We will connect you with a loan provider and a dealership in many parts of the country. All you have to do is find insurance!
Best Used Cars in Canada: Get Yours Today
We hope that this guide has been helpful and that you are now ready to go out and buy your next car.
Remember to look out for red flags, check the car’s history, and bring it to a mechanic for a check-up.
Are you looking for financing for the best-used cars? Apply now and get results within minutes!